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Circuit City to shut down
Circuit City to shut down
CNN Money - January 16, 2009
Submitted by afsplat (130) at 12:38PM PST on January 16, 2009
Bankrupt electronics retailer Circuit City Inc. said Friday it has asked for court approval to close its remaining 567 U.S. stores and sell all its merchandise.
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14afsplat posted on Industry News at 12:38PM PST on January 16, 2009. Article: Circuit City to shut down
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Then Blockbuster made an offer to buy CC (what a joke). I never understood the synergies of such a merger. Thankfully Blockbuster woke up on how that didn't make any sense. There really wasn't a reason for anyone to buy CC. It would be better to just take the money and start a new electronics chain.